What Is Non Disclosure Agreement | Benefits and Types Of NDA

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What is NDA (Non Disclosure agreement)

• A legal obligation contract that defines
  confidentiality kinship is termed as a non
  disclosure agreement or NDA contract.

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Benefits of Non-Disclosure Agreements

• NDAs protect sensitive information
• NDA helps the founder to retain the rights to
  himself
• confidential agreements state which data is
  sensitive and should not be leaked
• Information will be protected for patent
  registration  

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What to Include in an NDA

• Names of the parties
• Explanation of what represents the confidential
  data
• Any exclusions from confidentiality
• An assertion of the proper and suitable
  application of the data to be revealed
• The time periods involved
• Compensation amount 

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How to Register?

• Registration Act (1908)

• A confidentiality agreement registry is to be
  done at the department of the Sub-Registrar
  office.
• If one is unable to do so, the agreement then can
  be written/printed on a legal stamp paper and get
  it, notary. 
• Click here to get a Non-Disclosure Agreement,
  hassle-free.

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Types of Non-disclosure Agreements
Unilateral - where one party agrees not to reveal
information provided by another party.
Bilateral Two parties come into play and
concur to keep the information to themselves and
not reveal. Multilateral Deals with the
involvement of three or more parties wherein one
of the member shares sensitive information and
the rest of the two members agree to not share or
publish the information anywhere else. 
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